All Financial results articles – Page 70
-
NewsBoohoo full-year sales and profits soar in ‘great’ year
Boohoo has reported a strong rise in its preliminary sales and profits as boss John Lyttle said the coronavirus pandemic had highlighted the “key strengths” of the business.
-
NewsCoronavirus: John Lewis Partnership braces for full-year sales slump
The John Lewis Partnership has forecast that its full-year sales decline could double at John Lewis and slide at Waitrose despite the current coronavirus-induced surge in grocery sales.
-
OpinionOpinion: Forget dividends and rates – grocers are heroes, not villains
How quickly judgements can be questioned in the court of public opinion.
-
AnalysisAnalysis: Asos data reveals lockdown sales recovery pattern in Europe
After a record first half, Asos’ celebrations have been momentarily paused as the fashion pureplay tackles the impact of coronavirus on customer traffic and sales.
-
AnalysisAnalysis: How coronavirus is really impacting Tesco
Tesco unveiled its full-year results today, but another stellar 12 months of profit and margin gains played second fiddle to its ongoing response to the coronavirus crisis.
-
NewsAsos profits jump as it orders £200m equity raise to cope with coronavirus
Asos has launched an equity share raise and extended its revolving credit facility to deal with the impact coronavirus on its business.
-
NewsTesco full-year profits rise as it incurs ‘significant’ coronavirus costs
Tesco has warned that the impact of coronavirus could cost its business as much as £925m as the grocer posts uplifts in full-year profits and UK sales.
-
AnalysisAnalysis: H&M’s China sales trend offers fashion retailers coronavirus hope
With almost 4,000 of its 5,065 stores closed worldwide, H&M has been hit hard by the coronavirus outbreak affecting sales in its 54 markets.
-
NewsBoots profits slide as owner Walgreens cautions on coronavirus impact
Boots has suffered a slump in profit during the first half of its financial year, following a fall in sales and increased technology investments.
-
NewsDixons Carphone, Quiz and Topps Tiles warn of coronavirus-induced sales falls
Dixons Carphone, Quiz and Topps Tiles have all removed their guidance on profits following the government mandate that they shut all their stores to stem the spread of coronavirus.
-
NewsEve Sleep narrows losses but cautions on coronavirus impact
Eve Sleep has narrowed its full-year losses, but warned that it expects “subdued demand” to persist during the coronavirus outbreak.
-
NewsCard Factory, Moss Bros and N Brown warn of coronavirus impact
A clutch of retailers including Card Factory, Moss Bros, Watches of Switzerland and N Brown has warned of the impact of coronavirus on sales and profits.
-
NewsCoronavirus: Kingfisher UK sales inch up as store closures across Europe bite
Kingfisher sales in the UK inched up last year driven by the strong performance of its Screwfix brand, as the retailer suffered from enforced store closures in France and Spain.
-
NewsHotel Chocolat raises £22m to fuel online and international growth
Hotel Chocolat has raised £22m through a share placing to help fuel its online and international growth once the coronavirus pandemic has dissipated.
-
NewsScS profits and sales up despite low consumer confidence
ScS has reported increases in both gross sales and profit in its half-year results, despite low customer confidence and the developing coronavirus situation.
-
NewsCoronavirus: Frasers Group issues profit warning after footfall and sales slump
Frasers Group has said the ongoing coronavirus epidemic will cause “significant disruption” to its business and that it would not achieve its previous profit guidance as a result.
-
NewsBurberry store sales decimated by coronavirus
Burberry has suffered an eye-watering slump in sales after admitting the negative impact on demand sparked by coronavirus has “intensified” over the past month.
-
NewsOcado posts sales rise but warns of coronavirus ‘disruptions’
Ocado Retail has posted a rise in sales during its first quarter but warned that the coronavirus pandemic could cause “further disruptions” to the business.
-
NewsNext profits rise as it braces for £1bn coronavirus hit
Next has posted an increase in full-year profits but warned that the coronavirus pandemic will spark a “significant downturn in sales”.
-
OpinionCoronavirus: Cash, agility and customer focus will mark retail’s winners
The likely collapse into administration of Laura Ashley is not solely the result of coronavirus. The pandemic was sadly the last nail in the coffin of a retailer that has struggled to appeal to shoppers for some time.